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Keeson Technology (SHSE:603610) 3-Year RORE % : 2,900.00% (As of Sep. 2024)


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What is Keeson Technology 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Keeson Technology's 3-Year RORE % for the quarter that ended in Sep. 2024 was 2,900.00%.

The industry rank for Keeson Technology's 3-Year RORE % or its related term are showing as below:

SHSE:603610's 3-Year RORE % is ranked better than
99.27% of 410 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.765 vs SHSE:603610: 2900.00

Keeson Technology 3-Year RORE % Historical Data

The historical data trend for Keeson Technology's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Keeson Technology 3-Year RORE % Chart

Keeson Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only - 4.42 -16.12 -92.61 -43.25

Keeson Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -68.74 -43.25 -35.30 -341.67 2,900.00

Competitive Comparison of Keeson Technology's 3-Year RORE %

For the Furnishings, Fixtures & Appliances subindustry, Keeson Technology's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Keeson Technology's 3-Year RORE % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Keeson Technology's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Keeson Technology's 3-Year RORE % falls into.


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Keeson Technology 3-Year RORE % Calculation

Keeson Technology's 3-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.48-0.77 )/( 1.39-1.4 )
=-0.29/-0.01
=2,900.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 3-year before.


Keeson Technology  (SHSE:603610) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Keeson Technology 3-Year RORE % Related Terms

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Keeson Technology Business Description

Traded in Other Exchanges
N/A
Address
No.158, Qiu Mou Road, Wangjiangyu Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314016
Keeson Technology Corp Ltd is a multinational company specializing in the development, manufacture and sale of smart bedroom furniture and dedicated to healthy sleep intelligence technology and big data applications. The company's main products are smart electric beds and their supporting products. The products are exported to the United States, Canada, Australia, Russia, Japan and other countries.
Executives
Tang Ying Director
Huang Xiao Wei Directors, senior managers
Long Tan senior management
Xu Jin Hua Supervisors
Xu Jian Chun Supervisors
Dan Hua Feng senior management
Tang Guo Hai Director
Chen Gen Lei Supervisors

Keeson Technology Headlines

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